Biometric PAN Card is good idea in long term in many ways and very useful to track all tax evaders. It should be made Mandatory and Govt must bear the cost of Biometric PAN cards.
Secondly, Finance Ministry MUST come up with Master Plan, where All Government Departments expenditures (Central & State) must introduce Multi-level & Multi Party, Governement(Accountant General Audits) PLUS private Auditors (from Technical & Financial Auditors) who are certified by Professional organizations (Like Institute of Engineers / Institute of Charted Accountants etc) to reduce curruption. At the same time monitor personal income of all Govt. employees, Contractors, Politicians and their Relatives and associates during the Government Expenditure phase to reduce Benami trasactions by using Biometric PAN cards.
This way Government MUST exhibit their transparency to all Genuine Tax payers that their commitment is NOT Limited to Tax collections BUT ALSO in Controlling and Monitoring Government Expenditures.
This is Essential because All Genuine Tax payers have lost all hopes on the genuinity of Government Expenditures genuity of the Technical and Financial Audit Reports. Hence Private Auditors must be used for cross checking the genuinity.
RE:Good idea in Tax Revenue, What about Taxed Money Expenditure
by nikunj shah on Sep 09, 2007 11:57 PM Permalink
you can get your biometric pan card online in 30 days!! visit www.filereturn.com
RE:Good idea in Tax Revenue, What about Taxed Money Expenditure
by manoj jain on Jul 18, 2007 02:10 PM Permalink
Well said. Government expenditures must be scrutinized and controlled.
RE:Good idea in Tax Revenue, What about Taxed Money Expenditure
by nikunj shah on Sep 10, 2007 12:11 AM Permalink
you can get your biometric pan card online in 30 days!! visit www.filereturn.com
